Moderna’s mRNA Vaccine Shows Positive Outcomes Against SARS-CoV-2 in Phase 1 Study

  • May 19, 2020 AEST
  • Team Kalkine

US-based clinical-stage biotechnology company, Moderna Inc. (Nasdaq:MRNA) revealed positive interim clinical data of its vaccine candidate- mRNA-1273 against SARS-CoV-2 (novel coronavirus) from the Phase 1 study headed by the NIAID (National Institute of Allergy and Infectious Diseases) which is a part of the NIH (National Institutes of Health ).

After receiving positive outcomes in phase I study the Company continues to focus on moving to commence pivotal phase III study in July and would file a biologics license application (BLA) after successful completion of phase 3.

On 18 May 2020, shares of MRNA climbed by 13.31% to close the day’s trade at US$80 on Nasdaq.


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